$700,000
17
Beds
6
Baths
4,000
Living Area
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Property Description
This 6 unit brick apartment building stands in the heart of Westfield's Gaslight District. Improvements include upgrades to underground sewer lines, water and gas utilities, pavement reconstruction, cobblestone dressing, safety bollards, dumpster coral, and more. Easy access to Downtown Westfield's many amenities. Statement for EPDM Rubber Roof w/ 40 year membrane warranty (installed 2013) will be provided to Buyer. New masonry rear steps w/ metal railings installed in 2021. Vacant units have new appliances, and varied upgrades to flooring, cabinets, countertops, ceilings, etc. Basement features 6 individually metered hydronic boilers (gas), 6 hot water heaters (gas), 6 circuit breaker panels for tenants as well as owner's panel for common area lighting, smoke detectors, and fire alarm control panel (FACP). Basement laundry hookup is currently not in use. Ample parking. Same owners for 40+ years. Truly a once in a lifetime investment opportunity. Listing Agent is Co-Owner. As Is Sale.
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Highlights
- Cooling: Unit 1(None)
- Parking Spots: 12
- Property Type: 5-9 Family
- Year Built: 1900
- Heating: Unit 1(Hot Water Baseboard, Gas, Individual, Unit Control, Floor Furnace, Other (See Remarks))
- Property Class: Residential Income
- Total Rooms: 29
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections Varies per Unit
- Construction: Frame, Brick
- Foundation: Brick/Mortar
- Lot Features: Level, Other
- Roof: Rubber, Other
- Year Built Details: Approximate
- Zoning: Cr
- Basement: Full, Walk-Out Access, Concrete, Unfinished
- Flooring: Wood, Vinyl, Carpet, Varies Per Unit, Pine, Vinyl / VCT
- Interior Features: Unit 1(Lead Certification Available, Bathroom With Tub, Internet Available - Unknown), Unit 1 Rooms(Living Room, Kitchen, Other (See Remarks))
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University, Other, Sidewalks
- Parking Features: Off Street, Other
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $309,500
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $7,425
- Buyer Agent Compensation: 2.5%
- Rental Fee Includes: Unit 1(Water)
- Taxes: $5,291
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Listing information provided courtesy of Berkshire Hathaway HomeServices Realty Professionals.
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